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Gift given or received
how we will do entry in tally and what will be the gift head in tally
Replies (2)
Gift Paid under Capital account
Gift Received under Capital account.
Dr. Bank/Cash
Cr. Gift Received
Dr. Gift Paid
Cr. Cash/Bank
Gift Received under Capital account.
Dr. Bank/Cash
Cr. Gift Received
Dr. Gift Paid
Cr. Cash/Bank
Thank you
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